GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (TSX:TVE) » Definitions » 3-Year Book Growth Rate

Tamarack Valley Energy (TSX:TVE) 3-Year Book Growth Rate : 26.30% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tamarack Valley Energy 3-Year Book Growth Rate?

Tamarack Valley Energy's Book Value per Share for the quarter that ended in Mar. 2024 was C$3.82.

During the past 12 months, Tamarack Valley Energy's average Book Value per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 26.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 3.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was -0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tamarack Valley Energy was 44.80% per year. The lowest was -25.80% per year. And the median was 0.60% per year.


Competitive Comparison of Tamarack Valley Energy's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Tamarack Valley Energy's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamarack Valley Energy's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamarack Valley Energy's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tamarack Valley Energy's 3-Year Book Growth Rate falls into.



Tamarack Valley Energy 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Tamarack Valley Energy  (TSX:TVE) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Tamarack Valley Energy 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Tamarack Valley Energy's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Tamarack Valley Energy (TSX:TVE) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
Executives
Christine Ezinga Senior Officer

Tamarack Valley Energy (TSX:TVE) Headlines

From GuruFocus

TVA Reports First Quarter Fiscal Year 2023 Financial Results

By PRNewswire PRNewswire 01-31-2023

TVA Reports Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-15-2022

TVA To Discuss Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-08-2022